Friday, June 24, 2022

Gifts

Accounting Services For Small BusinessesDeductible business gifts for customers and clients are limited to $25 per individual per year [IRC §274(b)]. Items of small value, such  as  giving  away  pens  imprinted  with  the  business  name,  costing $4 or less, are not included in the $25 limit.

 Need More Information?

ABA Tax Accounting

 Amare Berhie, Enrolled Agent

Licensed by the IRS

amare@abataxaccounting.com

651-300-4777

 

https://www.abataxaccounting.com/smallbiz.php

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